CRCS account definition

CRCS account means the account maintained with us in respect of the CRCS facility;

Examples of CRCS account in a sentence

  • We may in our reasonable discretion, issue without your request, a TBS Access Code to enable you to operate the CRCS account via the TBS.

  • In addition thereto, we may at our reasonable discretion debit from your CRCS account a service charge or administration fee and any expenses we may have incurred in handling the dishonoured cheque or draft, including without limitation informing you of the dishonoured cheque or draft and reflecting the adjustments to your CRCS account in your CRCS statement.

  • You will compensate us for any reasonably incurred loss, damage, liability, cost and expense which we may incur or suffer (including legal costs) as a result of or in connection with your CRCS account and/ or this Agreement, the actual or attempted enforcement or protection of any of our rights and remedies against you, any change in any law, regulation or official directive which has an effect on the CRCS account, the Citibank ATM/Debit Card and/or this Agreement.

  • We are entitled to debit your CRCS account with the amount previously credited in relation thereto if any cheques or drafts are subsequently dishonoured.

  • We may, in our reasonable discretion, destroy any document relating to any transaction on your CRCS account or your CRCS account after microfilming or otherwise recording the same in such manner as we may deem fit as well as to destroy such microfilm and records(including any electronic records) at any time.

  • You shall not authorise, expressly or impliedly, any third party to operate your CRCS account (by power of attorney or otherwise) save with our prior written consent and unless we receive your written instructions in accordance with our prescribed procedure for establishing such third party authorisation.

Related to CRCS account

  • Savings Account means an account, which is based on Mudarabah and its profit shall be calculated based on the profit earned on any balance maintained above the minimum threshold or average threshold (as may be agreed upon with the Bank).

  • Transaction Account means a cash account established and maintained by Repo Custodian for the Funds to effect repurchase transactions pursuant to the Master Agreement.

  • User Account means an account under the name of the Customer in relation to the Service subscribed by the Customer.

  • Separate Account shall have the respective meanings assigned to such terms in Section 3 of ERISA.